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New Nanomarkets Report Predicts OLED Lighting Markets to Reacr $9.7 Billion in 2016

Published on September 16, 2009 at 8:56 AM

NanoMarkets, a leading industry analyst firm based here, has just published a new report covering the OLED lighting market in which the firm predicts that revenues from OLED lighting products will reach $9.7 billion in revenues by 2016. Further details about the report, "An Opportunity Analysis for OLED Lighting: 2009 to 2016" including an excerpt and table of contents are available at www.nanomarkets.net. Executive summaries for registered press are available upon request.

Key Findings:

  • In the general illumination market, what OLED lighting has going for it are low power consumption, long lifetimes and high luminous efficiencies. Also, thanks to the technology's diffuse emission and slim, lightweight form, OLED lighting makers believe that they will enable designers and builders to create aesthetically appealing lighting environments. By 2016 NanoMarkets projects that sales of OLED lighting into the general illumination market will have reached $3.4 billion.
  • Backlighting of mobile communications and computing devices is also an opportunity for OLED lighting because of its low power consumption. OLED backlighting is also an improvement over other widely used backlighting technologies; it is far more efficient and longer lived than electroluminescent (EL) lighting and does not need expensive optics as do HB-LEDs. Revenues from OLED backlighting are expected to reach $2.1 billion by 2016.
  • Spurred on by the phasing out of incandescent lamps in Europe and the U.S. and the aesthetic and environmental inadequacies of compact fluorescent lights (CFLs), a growing number of firms are backing OLED lighting. In its new report NanoMarkets identifies almost 20 commercial firms who are active or who have announced their entry into the business.
  • NanoMarkets believes that lighting may offer a more of a compelling business case for OLED technology than as a display technology. In addition to the slowdown in the display business, OLED lighting will continue to be the recipient of extensive funding as an "energy efficient" lighting technology from both government and private sources.

About the Report:

NanoMarkets has been covering the emerging OLED lighting market since early 2006 and the firm's latest report "An Opportunity Analysis for OLED Lighting: 2009 to 2016" provides the latest analysis of this market. Among the many segments of the organic and printed electronics market, this report covers OLED lighting for backlights, general illumination, architectural lighting, specialized industrial lighting, vehicular lighting, signage and other areas.

This report also discusses the technical progress that has been made in the field in the past 12 months. It examines how lifetimes, luminance, efficiency and size scalability are improving and identifies what the latest developments in manufacturing and materials are. In addition, the report looks at R&D programs around the world and analyzes how they are driving OLED lighting into the market place. Firms profiled include Add-Vision, Dai Nippon Printing, DuPont, GE, Kenwood, Kodak, Koizumi Lighting Technology Konica-Minolta, Lumiotec, Modistech, NEC, Novaled, Organic Lighting, Osram, Panasonic, Philips, Rohm, Samsung, Sumitomo, Thorn-Lighting, Toppan Forms, Toppan Printing and Universal Display among others.

Detailed eight-year forecasts in volume and value terms of the OLED lighting market are included in this report, with break downs by market segment.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities in electronics created by developments in advanced materials. The firm is a recognized authority on the OLED lighting market having produced numerous reports and white papers on the space. For a full listing of the firm's reports and downloadable white papers and report summaries please visit www.nanomarkets.net.

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